BURSA ANNOUCEMENTS

Date : 01 July 2021

OTHERS VIVOCOM INTL HOLDINGS BERHAD ("VIVOCOM" OR THE "COMPANY") HEADS OF AGREEMENT WITH STRATTNER ALTERNATIVE CREDIT FUND LP FOR SUBSCRIPTION OF SHARES IN VIVOCOM (HOA)

VIVOCOM INTL HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
VIVOCOM INTL HOLDINGS BERHAD ("VIVOCOM" OR THE "COMPANY")

HEADS OF AGREEMENT WITH STRATTNER ALTERNATIVE CREDIT FUND LP FOR SUBSCRIPTION OF SHARES IN VIVOCOM (HOA)

The Board of Directors (“the Board”) of Vivocom is pleased to announce that on 1 July 2021, Vivocom had entered into heads of agreement (“HOA”) with Strattner Alternative Credit Fund LP (the “Investor”). (Vivocom and the Investor shall be collectively referred to as the “Parties” and each as a “Party”)

 

The Parties desire that, upon the terms and subject to the conditions contained in the HOA, that the Investor shall invest up to USD $350,000,000 (USD Three Hundred and Fifty Million Dollars) (equivalent to RM1.452 billion) to subscribe for Vivocom’s ordinary shares.

 

This announcement is dated 1 July 2021.

 

Please refer attachment below.




Please refer attachment below.

Attachments

HOA with Strattners.pdf
187.3 kB



Announcement Info

Company Name VIVOCOM INTL HOLDINGS BERHAD
Stock Name VIVOCOM
Date Announced 01 Jul 2021
Category General Announcement for PLC
Reference Number GA1-01072021-00001


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